Reuters logo
Delaware top court rules for Chicago Bridge in Westinghouse dispute
June 27, 2017 / 2:41 PM / 5 months ago

Delaware top court rules for Chicago Bridge in Westinghouse dispute

WILMINGTON, Del, June 27 (Reuters) - The Delaware Supreme Court ruled in favor of Chicago Bridge & Iron Co on Tuesday in its in $2 billion dispute with Westinghouse Electric Co that stems from cost overruns at a pair of unfinished U.S. nuclear power plants.

The two companies have been sparring over a 2015 deal in which Westinghouse, a unit of Japan’s Toshiba Corp, bought the nuclear construction business of Chicago Bridge but later sought an adjustment to the closing deal price. (Reporting by Tom Hals in Wilmington, Delaware; Editing by Bernard Orr)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below